SEACOR Marine (SMHI) legal chief reports tax-withholding share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEACOR Marine Holdings Inc. senior vice president and general counsel Everett Andrew H II reported a tax-related share disposal under an equity award. On this Form 4, 34,723 shares of common stock were withheld at $7.63 per share to cover tax obligations, leaving him with 291,649 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Everett Andrew H II
Role
Sr. VP, General Counsel & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 34,723 | $7.63 | $265K |
Holdings After Transaction:
Common Stock — 291,649 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SMHI executive Everett Andrew H II report?
Everett Andrew H II reported a tax-withholding disposition of SEACOR Marine common stock. On the reported date, 34,723 shares were withheld at $7.63 per share to satisfy tax liabilities related to an equity award, rather than sold in an open-market transaction.
Did the SMHI Form 4 reflect an open-market sale by the executive?
No, the Form 4 describes a tax-withholding disposition coded as “F,” not an open-market sale. Shares were delivered to satisfy tax liability associated with equity compensation, consistent with the code description for payment of exercise price or tax obligations using securities.
What does transaction code F mean in the SMHI Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this SMHI filing, 34,723 shares of common stock were withheld at $7.63 per share to cover tax obligations, rather than being sold on the open market.